Foreclosures in Kirkland on SeattleHome.com are homes that are owned by a bank or lender. These are sometimes referred to as REO (Real Estate Owned), ORE, or bank-owned homes. Other foreclosures are sold at county auctions, which are riskier and require all-cash buyers.
In contrast, these bank-owned foreclosures are fairly straightforward and allow for bank financing. Even inexperienced buyers have access to bank-owned foreclosures. Our buyers have the option of an inspection period before closing the contract on a foreclosure. This allows the buyer a short-term "grace period" in case the property doesn't live up to their expectations.
Kirkland is located just across Lake Washington from Seattle, a short drive across the Highway 520 floating bridge. This lakeside city has one of the most-loved downtown areas in the greater Seattle region, with a mix of upscale shops, unique restaurants, and an "old town feel" that allows for walking to most necessities. Waterfront parks dot Kirkland's shoreline, and waterfront homes give way to upscale neighborhoods near the water and more affordable, suburban neighborhoods heading East. Kirkland is part of the highly-regarded Lake Washington School District, and has a population of around 80,000 residents making it the 12th largest city in Washington. Kirkland was the birthplace of the warehouse chain Costco (ergo the "Kirkland signature" brand), and has a strong business base. Condos in Kirkland are centered around the waterfront, while most inland properties are single family homes.
Our exclusive Local Market Research helps you make more informed decisions. Each week we publish market updates for Kirkland. You can see the latest trends in pricing, affordability, supply and demand. We invest in this research so our clients always have the latest insights to make the best decisions with confidence. Below are the latest home pricing trends for Kirkland based on zip code 98033.
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